​Daily Bulletin: Thursday April 2

The VSTOXX is again the target of our coverage today, as U.S. investors and traders continue to talk about opportunities in the European volatility benchmark. Greater liquidity is being coupled with a greater number of participants this year, solving the Chicken and Egg equation for some that had held volumes down in the past. Also in North America, hedge fund replication strategies are again the talk of the town, with Canadian and Scandinavian pension success renewing U.S. interest, leaving some hedge funds slightly concerned over their fees. In People & Firms, a Citi EQD trader in Hong Kong has moved to Vontobel.